Pseudonymous analyst CryptoBull has made a clear projection for XRP, stating recently that the digital asset will rally towards $7 once it breaks out of the pattern illustrated in the chart.
In a post on X, the analyst wrote, “After XRP breaks out of this cup, price will go straight to $7.20. Save this!” The comment reflects his interpretation of the current market structure for XRP, where he identifies a cup pattern on the daily timeframe as the foundation for this target.
His view is that once the resistance at the rim of the formation is overcome, XRP’s price should advance directly to $7.20.
After #XRP breaks out of this cup price will go straight to $7.20. Save this! pic.twitter.com/utbYmInIhe
— CryptoBull (@CryptoBull2020) August 16, 2025
Chart Pattern and Measurement
The chart shared with the post is an XRP/USD daily chart with the formation of a rounded cup highlighted in green shading. The structure shows a gradual decline and recovery, with the rim drawn across the upper boundary.
A label placed at the midpoint of the formation notes “111%,” suggesting that the depth of the cup equates to a percentage increase that forms the basis for the projected upside target.
A vertical arrow is drawn above the rim, extending upward with the label “111% = $7.20.” This presentation makes clear that the measured move from the bottom of the cup to the rim is being applied again from the breakout level, producing the $7.20 target. The image is titled “XRP/USD 1-DAY,” confirming that the analysis is based on daily candlesticks.
Market Outlook Based on the Projection
The projection given by CryptoBull is straightforward, focusing solely on the breakout condition and subsequent price target. The analysis does not incorporate additional technical indicators or wider market influences but instead presents the cup breakout as the determining factor.
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Community Reactions to the Post
Reactions to the tweet included comments reflecting both patience and broader considerations. One user, AltcoinArtisan, responded, “Waiting patiently like I have been for the past five years,” signaling a long-term perspective and willingness to wait for the pattern to resolve.
Another user, Todd Kerr, remarked, “I don’t care about price right now. I want Clarity, ETFs approved, and all of those 1700 NDA’s released. Then we will see price.” His comment shifts the focus from technical setups to regulatory clarity, undisclosed agreements, and exchange-traded fund approvals, suggesting that these developments will ultimately drive value.
CryptoBull’s post provides a technically defined projection for XRP, pointing to $7.20 as the next level of interest once the current cup formation is resolved.
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